Search found 22979 matches

by Taylor Larimore
Fri Jan 19, 2018 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Keeping it in a shoe-box is a safer AA
Replies: 29
Views: 2191

Re: Keeping it in a shoe-box is a safer AA

This is a situation where selling securities with large capital-gains can result in large and unnecessary capital-gain taxes. Please seek the services of a qualified tax accountant. Can you explain this? I thought the basis would step up in this case, so selling around the time of receiving the inh...
by Taylor Larimore
Fri Jan 19, 2018 8:49 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads reconcile efficient markets theory with Bitcoin?
Replies: 45
Views: 1871

Re: How do Bogleheads reconcile efficient markets theory with Bitcoin?

Lots of people on this board seem to believe in a fairly strict version of EMH. How does Bitcoin fit into this view of the investing world? Is Bitcoin fairly valued by the market at every moment? Has Bitcoin been fairly valued over the last month or year? How do you reconcile these things? Caduceus...
by Taylor Larimore
Fri Jan 19, 2018 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Keeping it in a shoe-box is a safer AA
Replies: 29
Views: 2191

Re: Keeping it in a shoe-box is a safer AA

My very elderly in-law just inherited 1.2 million in stocks, no bonds. Apparently her late husband was 100% equity. Would selling all the equity and moving to one balanced fund be the proper course here? Vanguard Wellesley perhaps? zz4: This is a situation where selling securities with large capita...
by Taylor Larimore
Fri Jan 19, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2009
Views: 1225639

"Simplicity Vs. Schwab's Robo Portfolio"

Boglehead Allan Roth, CPA, CFP, has written an important article comparing Vanguard's 3-Fund Portfolio and Schwab's 16-Fund Robo Portfolio. Quotes: "Since March 27, 2015, the date I bought it, my Schwab statement indicates a very handsome 7.7% annualized return. However, the equivalent three-fund br...
by Taylor Larimore
Fri Jan 19, 2018 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 27
Views: 2327

ETFs or Mutual Funds?

Does anybody have any suggestions for good post tax investments after maxing out tax advantages investments? Is TD ameritrade, Vanguard, or Fidelity my best bet for this? Is berkshire hathaway a good buy or s&p500? I am looking for something not too conservative or aggressive. Thanks. dodgersummer:...
by Taylor Larimore
Fri Jan 19, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 27
Views: 2327

Re: After tax investment suggestions...

I read that the two funds you mentioned above are recommended to be split evenly with a US total bond market index fund. The article said to adjust the amounts in all three fund once a year to make them all equal. dodgersummer: The above quote is incorrect. Please read the "Asset-allocation" sectio...
by Taylor Larimore
Thu Jan 18, 2018 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: How to step in?
Replies: 10
Views: 931

Getting tarted

I am fortunate to have a good amount of savings but I have not invested much or well. When I get more educated, I will post details and ideas for feedback. In the meantime, pls help with a topic where I’m struggling. I have over 100,000 in cash and I’d like to start investing. I think understand do...
by Taylor Larimore
Thu Jan 18, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6846

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Hi, 1. Has anyone taken this new $399 course ' Fire your Financial Advisor' by WhiteCoat Investor (line below) ? If yes, is the course worth the value $399? https://www.whitecoatinvestor.com/fire-your-financial-advisor-the-wci-online-course/ 2. Are there any similar 'paid' courses such as this besi...
by Taylor Larimore
Thu Jan 18, 2018 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 27
Views: 2327

Re: After tax investment suggestions...

Does anybody have any suggestions for good post tax investments after maxing out tax advantages investments? Is TD ameritrade, Vanguard, or Fidelity my best bet for this? Is berkshire hathaway a good buy or s&p500? I am looking for something not too conservative or aggressive. Thanks. dodgersummer:...
by Taylor Larimore
Thu Jan 18, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Lets talk about some favorite index funds?
Replies: 32
Views: 1488

Re: Lets talk about some favorite index funds?

Being extremely new here, started a few other threads and have really been talked into trying this on my own, and been neck deep in reading for days now, I want to get the temperature of everyone here's favorite index fund? It seems Bogle and just about everyone here hates market timing, I understa...
by Taylor Larimore
Thu Jan 18, 2018 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: No-brainer Portfolio
Replies: 6
Views: 679

The Three-Fund Portfolio

Hi, I'm new to investing and have never invested in stocks or anything personally. I started reading some books in library and came across this No-Brainer Portfolio which shows how your allocation should be diversified. Please let me know if you all agree to the below portfolio. Vanguard Total Stoc...
by Taylor Larimore
Thu Jan 18, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Bullied Me
Replies: 32
Views: 4632

Excellent Reply

Post by celia » Thu Jan 18, 2018 1:58 am

Beatnik, I have one idea that may explain what has happened.
celia:

Your "idea" was correct. Excellent post!!

Thank you and best wishes.
Taylor
by Taylor Larimore
Wed Jan 17, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: 1,000th post and a 'No-Fail' Retirement Formula
Replies: 47
Views: 3999

Re: 1,000th post and a 'No-Fail' Retirement Formula

TravelforFun:

Congratulations!

Every one of your 1,000 posts was either a contribution to help others or a learning experience for yourself.

It doesn't get much better than that.

Best wishes.
Taylor
by Taylor Larimore
Wed Jan 17, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Bullied Me
Replies: 32
Views: 4632

Re: Vanguard Advisor Bullied Me

Beatnik:

Welcome to the Bogleheads forum!
At this point I want to drop the personal advisors and go back to managing the funds myself, but I'm not sure Vanguard will allow this.
Vanguard will allow this. Just ask.

Best wishes.
Taylor
by Taylor Larimore
Wed Jan 17, 2018 4:49 pm
Forum: Investing - Theory, News & General
Topic: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years
Replies: 81
Views: 7434

Stay-the-course

In a video released today Joe Davis of Vanguard says the chance of a correction this year (at least a 10% decline) is 70% "the highest in 15 years" he's been at Vanguard. Sometimes it seems they do all but say, "rebalance NOW to your chosen stock allocation!". Joe goes on to explain why trying to t...
by Taylor Larimore
Wed Jan 17, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 169
Views: 17099

Re: Anyone disenchanted with retirement? -- Not me.

Just hit 7 years in retirement and things seem to be going fast, but well for me. Was wondering if anyone has been disappointed with retirement and maybe went back to work, and went did that hit? tennisplyr: I retired 36 years ago at the age of 57. Unquestionably one of the best decisions of my lif...
by Taylor Larimore
Wed Jan 17, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 10073

Re: GE - a good value?

So please tell me what's wrong with my approach or with GE? fblade007: From my own long experience, and the opinion of many experts, it is a mistake to invest in individual stocks. You can read "why" here: Alpha Architect: "Between 1983 and 2006, around 73% of firms had a drawdown larger than 50% (...
by Taylor Larimore
Tue Jan 16, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: “Better Buy” Total US or International ?
Replies: 30
Views: 3085

Tax-Efficiency

triceratop:

Thank you for your hard work on "tax-efficiency." It is much appreciated.

Best wishes.
Taylor
by Taylor Larimore
Mon Jan 15, 2018 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: “Better Buy” Total US or International ?
Replies: 30
Views: 3085

Re: “Better Buy” Total US or International ?

How about the tax efficiency on the VWO (emerging market index)? Genefl: Morningstar ranks VWO somewhat less tax-efficient than Vanguard Total International (VGTSX). Personally I would not bother with VWO inasmuch as Total International already holds emerging market stocks. Strive for simplicity--n...
by Taylor Larimore
Mon Jan 15, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2009
Views: 1225639

A 100% stock portfolio

The reason we don't want bonds is we are both teachers and will be able to comfortable be able to live off of both of our pensions. bg5: In my opinion, it is acceptable to have a 100% stock portfolio when the investor is reasonably certain the portfolio will not be needed for personal retirement or...
by Taylor Larimore
Mon Jan 15, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: “Better Buy” Total US or International ?
Replies: 30
Views: 3085

Re: “Better Buy” Total US or International ?

Very interesting discussion. The Vanguard Target funds seem to all be around 40% international for their stock allocations. Within a taxable account, are there pros or cons from a tax standpoint with regards to total US (VTSAX) vs total international (VTIAX)? Thanks! genefl: I believe that Total In...
by Taylor Larimore
Sun Jan 14, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Do you correct cashier mistakes?
Replies: 41
Views: 2138

Re: Do you correct cashier mistakes?

This happens from time to time, so do you correct cashier mistakes? Normally it's a missing beer on a tab. Perhaps a grocery item. Yesterday it was an oil change, where I was quoted $19.99 over the phone, then $48.99 at the store (car takes a few extra quarts), only for a different mechanic to chec...
by Taylor Larimore
Thu Jan 11, 2018 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: When to Rebalance
Replies: 7
Views: 431

Re: When to Rebalance

I have my retirement money invested in 60% Stocks and 40% Bonds and plan to rebalance periodically. What is the rule of thumb for when to rebalance. Currently I'm at about 62% Stocks and 38% Bonds. Thanks. nc700: I no longer "rebalance." I am in retirement. Money that I cannot afford to lose is in ...
by Taylor Larimore
Thu Jan 11, 2018 5:09 pm
Forum: Personal Consumer Issues
Topic: Antarctica [anyone traveled there?]
Replies: 34
Views: 2752

Re: Antarctica [anyone traveled there?]

Has anyone been there? Your thoughts on it. We are going with Tauck on Ponant Le Boreal. BrewOx: Welcome to the Bogleheads Forum! Yes, I have been to Antarctica. It is an unforgettable experience. My son, Jeffrey, is currently aboard the Holland America "Prinsendam" on his way to Antarctica. We bot...
by Taylor Larimore
Thu Jan 11, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Any books after receiving a windfall?
Replies: 6
Views: 494

Re: Any books after receiving a windfall?

investing1012 wrote:
Thu Jan 11, 2018 10:49 am
Are there any books the bogleheads would recommend for managing a windfall?
Investing 1012:

Chapter 15 in "The Bogleheads' Guide to Investing" is titled: "How to Manage a Windfall Successfully."

Best wishes.
Taylor
by Taylor Larimore
Thu Jan 11, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Who Reads Mutual Fund Annual Reports
Replies: 7
Views: 390

Re: Who Reads Mutual Fund Annual Reports

I have several mutual funds and around this time I become more aware that maybe I should be reading them instead of filing them in the round file. I do glance at them but other than taking note of the "Average Annual Return % " there is not much else I gleam from them. Would like to know how other ...
by Taylor Larimore
Wed Jan 10, 2018 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3130

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

There must be something wrong with me. We opened 5 accounts with Scottrade in 3rd qtr of 2015. Here it is almost 2.5 years later and Scottrade has never called or written us with a suggestion to buy or sell anything. neilpilot: Scotttrade is currently "joining" TD Ameritrade featured in the article...
by Taylor Larimore
Wed Jan 10, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3130

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

Even Vanguard is not completely innocent. It appears that Vanguard has been promoting Vanguard PAS especially for their Flagship customers. Their CFPs have also highly recommended international bond funds and international stock funds even though some of their customers previously indicated that th...
by Taylor Larimore
Wed Jan 10, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2009
Views: 1225639

The Three-Fund Portfolio vs Schwab Robo Advisor Portfolio

Bogleheads: Allan Roth, CFA, CFP, author and fee-only advisor, has written an article for ETF.com comparing his own Three-Fund Portfolio with the "sophisticated" Schwab Robo Advisor Sixteen-Fund Portfolio. This is Allan's last paragraph: So, is the Schwab Intelligent Portfolio smarter than the Secon...
by Taylor Larimore
Wed Jan 10, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Kenmore Washer Dryer
Replies: 29
Views: 1502

Re: Kenmore Washer Dryer

Looking at new Kenmore washer dryer which the salesman says has been LG for many years. We thought it was mostly Whirlpool like the dishwashers. Not so. Anyone have anything good or bad to say about LG washer/dryers? Will go buy the Whirlpool brand elsewhere if need be. rvflyer: My dad was manager ...
by Taylor Larimore
Wed Jan 10, 2018 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3130

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

https://www.wsj.com/articles/advisers-at-leading-discount-brokers-win-bonuses-to-push-higher-priced-products-1515604130 "At Fidelity, Schwab and TD Ameritrade, employees win extra pay or other incentives to put clients in products that are more lucrative for them, and the firm. Customers may end up...
by Taylor Larimore
Wed Jan 10, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Magazine
Replies: 17
Views: 1777

Re: Personal Finance Magazine?

I currently subscribe to Kiplinger Retirement Report monthly magazine. For those of you who subscribe to Personal Finance magazines, which do you prefer and why? TinyTim: Like all the others (so far), I have learned to never use Personal Finance magazine recommendations to buy specific securities. ...
by Taylor Larimore
Wed Jan 10, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: VTIAX VS VFWAX
Replies: 4
Views: 1171

Re: VTIAX VS VFWAX

AHOD wrote:
Wed Mar 29, 2017 12:55 am
VFWAX and VTIAX appear very similar.
Is there any major difference?
If not, why are there both?
AHOD:

Few of us have memorized ticker symbols. You will get more replies if you add the fund names. Use the "edit" button at the top of your window.

Thank you and best wishes.
Taylor
by Taylor Larimore
Wed Jan 10, 2018 10:36 am
Forum: Local Chapters and Bogleheads Community
Topic: South Florida Local Chapter
Replies: 282
Views: 47281

Re: South Florida Local Chapter

thekro wrote:
Wed Jan 10, 2018 10:17 am
I will try to attend :happy
thekro:

The Larimore family are bringing sandwiches for each Boglehead attending. Please let Mariam2 know as soon as possible if you are attending so that we know how many sandwiches to bring.

Thank you and best wishes.
Taylor
by Taylor Larimore
Tue Jan 09, 2018 11:21 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 20682

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

One of the few times I am not going to feel bad deviating a thread, but was hoping Taylor could add to why he chose this move to free up equity in the house vs. HELOC vs. reverse home mortgage. Not looking for in depth analysis, but just curious in a person like Taylor's situation why one option wo...
by Taylor Larimore
Tue Jan 09, 2018 11:08 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 20682

Re: 2 reasons the elderly might pay-off a mortgage

The older you are the more sense it makes sense to pay off mortgage. Sorry, this is not always true. For example (I'm 93), even though I could afford to pay-off my mortgage, I chose to refinance with a larger (low interest) mortgage. Here's why: * A large part of my net-worth was tied-up in my home...
by Taylor Larimore
Tue Jan 09, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: How to Achieve CAGR of 6% in non-taxable Acct?
Replies: 14
Views: 1548

Beating all-market index funds?

That's what I am trying to figure out and see if there are any proven scenarios that will do better than a 3 portfolio asset allocation model. silver65: Sorry to disappoint you but there are absolutely no "proven scenarios that will do better (or worse) than The Three-Fund Portfolio . This is becau...
by Taylor Larimore
Tue Jan 09, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 20682

2 reasons the elderly might pay-off a mortgage

The older you are the more sense it makes sense to pay off mortgage. Sorry, this is not always true. For example (I'm 93), even though I could afford to pay-off my mortgage, I chose to refinance with a larger (low interest) mortgage. Here's why: * A large part of my net-worth was tied-up in my home...
by Taylor Larimore
Tue Jan 09, 2018 1:42 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2009
Views: 1225639

The Three Fund Portfolio tops 8 Professionally designed Lazy Portfolios

Bogleheads: The Bogleheads Three-Fund Portfolio, the same as Allan Roth's Second Grader Starter Portfolio , continues to beat seven other professionally designed Market-Watch Lazy Portfolios over the past 1-yr; 3-yrs; 5-yrs. and 10-years (the 10-year period contains both a bad bear market and a long...
by Taylor Larimore
Mon Jan 08, 2018 10:38 pm
Forum: Local Chapters and Bogleheads Community
Topic: Livesoft at 58,000 posts!
Replies: 36
Views: 2924

Re: Livesoft at 58,000 posts! WOW!

Livesoft:

It is an honor and privilege for you to be our maximum-post contributor in Mr. Bogle's crusade "To give ordinary investors a fair shake."

58,000 posts: WOW!

Thank you and best wishes.

Taylor
by Taylor Larimore
Mon Jan 08, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 6 Fund recommendation
Replies: 13
Views: 2204

Re: Vanguard 6 Fund recommendation

boyntonstu wrote: Even horse racing relies on past performance.
Investing is not "horse racing." These experts explain:

What Experts Say About Past Performance

Best wishes.
Taylor
by Taylor Larimore
Mon Jan 08, 2018 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 6 Fund recommendation
Replies: 13
Views: 2204

The Three-Fund Portfolio

boyntonstu:

The Yahoo recommended portfolio is probably better than most--but consider this portfolio with its additional advantages:

THE THREE FUND PORTFOLIO

Best wishes.
Taylor
by Taylor Larimore
Mon Jan 08, 2018 4:13 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Patience And Diversification Crucial
Replies: 51
Views: 6175

FundX Momentum Fund

Bogleheads: I became interested in "momentum" investing many years ago as I watched the first momentum fund called "Fund X" which started-out by outperforming most mutual funds. From their website: "The Funds employ an “Upgrading” strategy whereby investment decisions are based on near-term performa...
by Taylor Larimore
Mon Jan 08, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for large sum
Replies: 35
Views: 2236

Re: Asset allocation for large sum

My question is a bit different - if I get in I will not bail. I admit it requires nerves of steel. The question is if I want to have moderate exposure in this market, considering most are assessing the likelihood of a pullback to be more than a good chance, what mix should I aim for ? And I know wh...
by Taylor Larimore
Mon Jan 08, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine
Replies: 41
Views: 6240

"Jack Bogle and Vanguard’s $5,000,000,000,000 Question"

Bogleheads:

The Philadelphia Inquirer recently published this excellent article about Jack Bogle and Vanguard.

Jack Bogle and Vanguard’s $5,000,000,000,000 Question

Best wishes.
Taylor
by Taylor Larimore
Mon Jan 08, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Smallest % worth Allocating in your Portfolio
Replies: 30
Views: 1980

Re: Smallest % worth Allocating in your Portfolio

I see some people post where they've sliced and diced down to some 2.2% allocation in say intl mid-cap value funds, that strikes me as a bit extreme. At the same time if I were looking to make REIT funds a standalone portion of my portfolio what would be the least meaningful position I could take t...
by Taylor Larimore
Mon Jan 08, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 103
Views: 10215

Re: Small cap value vs. total market?

But, like several others I am hedging my bets with a mix of cap weighted index funds, tilts and alts. This time really might be different. Or not.
Top 99%:

Please read my "Simplicity" link below.

Best wishes.
Taylor
by Taylor Larimore
Mon Jan 08, 2018 11:40 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 48
Views: 8850

Re: Any thoughts on The Aurora Report? [Arora Report]

I am just researching at this time and trying to learn. At my age, I can not afford to make a mistake. If I make a mistake I do not have time to make it back. larryslocum1982: For several years I would go once a month to the Miami and Ft. Lauderdale libraries to read investment newsletters (not man...
by Taylor Larimore
Sun Jan 07, 2018 10:03 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 48
Views: 8850

Re: Any thoughts on The Aurora Report? [Arora Report]

Since I did not have time before and now do not have great expertise in investments, I want to be open to new ways of investing other than indexing.
Larry:

Be careful what you wish for.

Best wishes.
Taylor